EUR/USD - Bullish if breaks above 1.0820
The EURUSD pair traded firmer in the last session as concerns over the French presidential elections eased after the centrist leader Emmanuel Macron won the first debate against his main rival, far-right anti-EU leader Marine Le Pen. As of now, the price action appears to bullish on the 1H chart, indicating at upside momentum in the near term. Moreover, the MACD indicator is trading with a positive bias, further confirming the above view. Key resistance is situated at the 1.0820 level, a sustained break above which might trigger further acceleration to the upside, paving the way for the 1.0830 and 1.0840 levels. On the flipside, key support is placed at the 1.0785 level, followed by the 1.0775 where 55 EMA is trading and 1.0765 levels.